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Silverpoint Infratech reports standalone net profit of Rs 0.02 crore in the March 2017 quarter

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Capital Market

Sales rise 353.72% to Rs 14.02 crore

Net profit of Silverpoint Infratech reported to Rs 0.02 crore in the quarter ended March 2017 as against net loss of Rs 0.17 crore during the previous quarter ended March 2016. Sales rose 353.72% to Rs 14.02 crore in the quarter ended March 2017 as against Rs 3.09 crore during the previous quarter ended March 2016.

For the full year,net profit declined 66.67% to Rs 0.03 crore in the year ended March 2017 as against Rs 0.09 crore during the previous year ended March 2016. Sales declined 35.01% to Rs 20.44 crore in the year ended March 2017 as against Rs 31.45 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales14.023.09 354 20.4431.45 -35 OPM %0.21-5.18 -0.240.45 - PBDT0.03-0.16 LP 0.050.14 -64 PBT0.02-0.17 LP 0.040.13 -69 NP0.02-0.17 LP 0.030.09 -67

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First Published: May 31 2017 | 5:31 PM IST

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